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Following Up: Why China's Economy is Still Export-Dependent

Yesterday, I wrote about how China watchers’ longtime focus on Beijing’s practice of artificially cheapening its currency to gain trade advantages has often blinded them to all the other ploys that Chinese leaders can and frequently have used to rig markets. 569 more words


A strong Euro is probably here to stay

After this week-end speeches by Mario Draghi and Benoit Coeuré, a lower euro exchange rate is expected. They said that the ECB monetary policy will probably become more accommodative (see… 426 more words

Euro Area